This paper estimates simultaneously the saving and investment functions for Pakistan for the period 1960-2003. Compared with other Asian countries, Pakistan has not experienced adequate growth in national savings. Growth of real GDP, real per capita income, foreign capital inflow and investment...

Additional evidence on savings and investment relationship in developing countries has been provided using conventional and time-series econometrics techniques. This paper finds no long-run relationship between savings and investment in seven countries of the sample, which implies increased...